Ivars Grunte

Best Lawyers has awarded Ivars Grunte as the Lawyer of the Year in Arbitration and Mediation (2014, Riga). Ivars Grunte is praised as “a skilled negotiator, very eloquent and diplomatic”. He is an acclaimed litigator and arbitrator and plays a central role in the practice, overseeing all of the deals. Clients emphasize that Ivars is “always in reach, interested and dedicated”.

TGS Balticin cooperation with Freshfields Bruckhaus Deringer LLPsuccessfully represented the Finance and Capital Market Commission, which acted on behalf of the Republic of Latvia, with respect to the claim submitted by Bryn Services Ltd. against the Republic of Latvia, based on the Agreement between the Government of the Republic of Latvia and the Federal Council of the Swiss Confederation on the Promotion and Reciprocal Protection of Investments, dated 22 December 1992, within the International Arbitration Court proceedings. Transaction value MUSD 26 (2014);

Ivars Grunte and Linda Strause lead the teams providing full scope legal assistance to the state owned company Valsts nekustamie īpašumi (State Real Estate), a manager of the state owned real estates, with respect to the fire, which occurred on 21 June 2013 in the residence of the President of the State - Riga Castle during the reconstruction and renovation work (the value of the renovation and reconstruction works approx. EUR 32 854 332). This is recently the most serious fire, on which attention of the society is focused;

Ivars Grunte represented a private investor in acquisition of 50% shares of Mūsa Motors (Volvo dealer in Latvia) and subsequent sale of the acquired 50% shareholding to a new investor;

Ivars Grunte and his teamsuccessfully represented Volvo dealer Mūsu Motors Rīga in a dispute with a leasing company Citadele Līzings and faktorings that won the public tender on supply of 81 passenger cars to the Latvian State Police on fulfillment of contract obligations by reaching an out of court settlement.

OTHER EXPERIENCE

Within a group of experts Ivars Grunte performed complex expertise on the legal status of a public procurement procedure of the Riga Southern Bridge (contract value more than EUR 121 millions), including evaluation of the concluded amendment to the procurement contract.

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